Update October 2019
RECENT DEVELOPMENTS IN AUSTRALIA-LUXEMBOURG RELATIONS
Senior-level official contacts
Prime Minister Morrison met Prime Minister Bettel during commemorations held in Portsmouth in June 2019 for the 75th anniversary of the D-Day landings.
Finance Minister Mathias Cormann met his Luxembourg counterpart, Pierre Gramegna, in March 2017 and Luxembourg’s Foreign Minister Jean Asselborn in September 2016.
Reflecting the many common values between the two countries, Australia and Luxembourg work closely together in many international organisations to promote global peace and security and respect for human rights through effective multilateralism, with the UN at its core.
Australia and Luxembourg cooperate effectively on many issues of common interest in the UN Human Rights Council. We share a strong commitment to the abolition of the death penalty.
Australia works cooperatively with the European Union (EU) – including with Luxembourg as an EU member state – in the World Trade Organisation (WTO) where we share an interest in an effective international rules-based trading system.
In the Indo-Pacific region, Australia works with Luxembourg in the Asia-Europe Meeting (ASEM) and the ASEAN Regional Forum (ARF)
Trade, investment and economic cooperation
In 2018, two-way investment between Australia and Luxembourg totalled almost A$1 billion. Services trade for the same period reached over A$300 million and two-way goods trade amounted to just over A$85 million.
Australia and the European Union launched negotiations for a bilateral free trade agreement (FTA) in June 2018. Conclusion of a comprehensive, high-quality FTA will open opportunities to further strengthen our trade and economic links.
In 2017, the Australia-Luxembourg Working Holiday Arrangement entered into operation, allowing young Australians and Luxembourgers to travel and work in each other’s countries for a one-year period.